:: jawawa.id :: Indonesian Business and Finance News

Thu, 29 Jul 2004

JP/Bank Indonesia: Hunting for mice!

Bank Indonesia: Hunting for mice!John Le, Jakarta From the viewpoint of the regulators, there are the good banks, and there are the bad banks.

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Thu, 29 Jul 2004

JP/KPU bomb suspect still unidentified

KPU bomb suspect still unidentified JAKARTA: The police remain unable to sketch the face of the person alleged to have perpetrated a minor explosion at the General Elections Commission (KPU) head office on Monday."Witnesses saw a man enter a rest room on that day.

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Thu, 29 Jul 2004

JP/Lawyers want Ba'asyir freed after court ruling

Lawyers want Ba'asyir freed after court rulingAbdul Khalik, Jakarta Lawyers representing Bali bombing and Jamaah Islamiyah (JI) suspect Abu Bakar Ba'asyir demanded on Wednesday their client's immediate release, as his detention had been based on Antiterrorism Law No.

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Thu, 29 Jul 2004

JP/'Parents beat children to educate, not to hurt'

'Parents beat children to educate, not to hurt'National Children's Day was marked on July 23. Despite the celebrations and events surrounding the day, many children still do not understand what their rights are or where they can turn if their rights are taken from them.

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Thu, 29 Jul 2004

JP/Bomb hoax delays campaign team

Bomb hoax delays campaign team SURABAYA: A bomb hoax inflicted a one-hour delay on the flight carrying members of the campaign team of presidential candidate Susilo Bambang Yudhoyono on Wednesday.Juanda airport officials asked passengers, including Lt. Gen.

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Thu, 29 Jul 2004

JP/Disappointed in Pangandaran

Disappointed in PangandaranFrom KompasSome time ago, I went to Pangandaran beach with some friends. Unfortunately, the trip was spoiled by the bad conduct of a motorized vessel provider.

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Thu, 29 Jul 2004

JP/Mega, Susilo relying on media campaign to win

Mega, Susilo relying on media campaign to winThe Jakarta Post, Jakarta The campaign teams of Megawati Soekarnoputri and Susilo Bambang Yudhoyono say they will rely on media and door-to-door campaigns to win the runoff on Sept. 20.

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Thu, 29 Jul 2004

JP/FOR FOCUS ISSUE, August 1, 2004

FOR FOCUS ISSUE, August 1, 2004 World-class education in New Zealand Quality education and high standards of living are among the prime reasons why parents send their children to study abroad.

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Thu, 29 Jul 2004

JP/NGOs are not enemy of mining firms: Newmont

NGOs are not enemy of mining firms: Newmont Environmental activists have claimed that PT Newmont Minahasa Raya, a subsidiary of U.S.

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Thu, 29 Jul 2004

JP/GM's dealerships open

GM's dealerships open in Bandung, SemarangJAKARTA: PT General Motors Indonesia (GMI) announced last Thursday that it has opened two new Chevrolet dealerships in Bandung and Semarang to further strengthen its customer service outside the Greater Jakarta area.

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Thu, 29 Jul 2004

JP/BCA net profit up 47.29% in first-half

BCA net profit up 47.29% in first-halfRendi A. Witular, Jakarta Publicly listed Bank Central Asia (BCA), the nation's second largest bank in terms of assets, announced on Wednesday a 47.

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Thu, 29 Jul 2004

JP/Councillor grilled over murder

Councillor grilled over murderLAHAT, South Sumatra: Police personnel are questioning a 47-year- old councillor at the Lahat regental council in connection with the murder of Sidit, 50, a resident of Babatan subdistrict.

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Thu, 29 Jul 2004

JP/PASI expects athletes to break own marks

PASI expects athletes to break own marksEva C. Komandjaja and Moch. N. Kurniawan, Jakarta Given the tough competition at the Olympics, the Indonesian Amateur Athletics Association (PASI) is encouraging its athletes to seek to break their personal marks instead of hoping for medals in Athens.

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Thu, 29 Jul 2004

JP/Panin's profit jumps in 1st half

Panin's profit jumps in 1st half JAKARTA: A significant boost in net interest income has lifted Bank Panin's pre-tax profit by 52 percent in the first half of this year from the same period last year to Rp 335 billion (about US$38 million), the bank said on Wednesday.

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Thu, 29 Jul 2004

JP/When piracy becomes terrorism in the strait

When piracy becomes terrorism in the straitBantarto Bandoro, Jakarta The fear that the Malacca Strait, with its high level of maritime piracy, would jeopardize the security of bordering states -- Indonesia, Malaysia and Singapore -- as well as the international trade route has been allayed, at ...

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Thu, 29 Jul 2004

JP/Global Stock Index July 28

Global Stock Index July 28 Latest %Change New York DJ Indus 10085.14 +1.24 Jul 27 Nasdaq 1869.10 +1.64 Jul 27 S&P 500 1094.83 +0.99 Jul 27 Toronto S&P/TSX 8294.37 -0.24 Jul 27 London FTSE 250 5971.

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Thu, 29 Jul 2004

JP/U.S. govt opens American Corner

U.S. govt opens American CornerYOGYAKARTA: The American Embassy opened on Wednesday an "American Corner" in the library of Gadjah Mada University (UGM) in Bulaksumur.

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Thu, 29 Jul 2004

JP/PABBSI must clarify int'l affiliation

PABBSI must clarify int'l affiliationEva C. Komandjaja, Jakarta The troubled Indonesian Weightlifting, Powerlifting and Bodybuilding Association (PABBSI) has been given until the end of July to clarify its international affiliation or the National Sports Council (KONI) will proceed with its plan ...

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Thu, 29 Jul 2004

JP/Artworks aim at nation's leaders, Javanese way

Artworks aim at nation's leaders, Javanese wayIvy Susanti, JakartaLook at the sky, God creates perfection Look at the mountains, God creates beauty Look at the seas, God creates miracles Look at the president and vice presidential aspirants, Oh my God!The four-line satirical verse from Muhammad ...

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Thu, 29 Jul 2004

JP/Reply to Shane Barter

Reply to Shane Barter My response to Shane Barter's article Swedish court's acquittal of Hassan:Much discussion of the issue of Aceh is indeed driven by a lack of clear thinking, as noted by Shane Barter here on July 26.

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Thu, 29 Jul 2004

JP/Farmers face imminent crop failures in Lampung

Farmers face imminent crop failures in LampungOyos Saroso H.N., Bandarlampung The effects of the dry season and a plague of rodents have sparked fears among farmers that harvest failures affecting thousands of hectares of crops across Lampung province are imminent.

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Thu, 29 Jul 2004

JP/WTO threatens RI's rural poor

WTO threatens RI's rural poorAileen Kwa, Geneva The draft framework which the World Trade Organization (WTO) issued on July 16 is a threat to the poor in Indonesia, especially those already struggling to scrape a livelihood together.

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Thu, 29 Jul 2004

JP/U.S. pours in more local autonomy aid

U.S. pours in more local autonomy aid JAKARTA: The United States and Indonesian government signed on Wednesday an agreement that will provide an additional US$12.65 million for Indonesia to build a strong, decentralized system of governance.The U.S.

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Thu, 29 Jul 2004

JP/Governor's spending proposals draw flak

Governor's spending proposals draw flakOyos Saroso, Bandarlampung Activists from non-governmental organizations (NGO)s in Lampung criticized the Lampung provincial government on Wednesday for proposing additional spending on the purchase of 15 luxury cars at a total cost of Rp 4.

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Thu, 29 Jul 2004

JP/Papua's division illegitimate: Experts

Papua's division illegitimate: ExpertsRidwan Max Sijabat and A. Junaidi JakartaExperts told the Constitutional Court on Wednesday that Law No. 45/1999 on the formation of West Irian Jaya and Central Irian Jaya provinces was no longer valid following the enactment of Law No.

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Thu, 29 Jul 2004

JP/Are we hunting for sea pirates or robbers?

Are we hunting for sea pirates or robbers?Hanys Salmi, Kuala Lumpur When Adm. Thomas B. Fargo presented to Congress his argument on the need to secure sea lanes in Southeast Asia, the message that reached Kuala Lumpur and Jakarta was rather alarming.

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Thu, 29 Jul 2004

JP/Papua's division illegitimate: Experts

Papua's division illegitimate: ExpertsRidwan Max Sijabat and A. Junaidi JakartaExperts told the Constitutional Court on Wednesday that Law No. 45/1999 on the formation of West Irian Jaya and Central Irian Jaya provinces was no longer valid following the enactment of Law No.

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Thu, 29 Jul 2004

JP/JP/5/GAJAH

JP/5/GAJAHAncient elephant bones discovered in NganjukIndra Harsaputra NganjukFossilized bones that researchers say belonged to an ancient elephant (Stegodon trigonocephalus) have been discovered in Nganjuk regency, East Java.

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Thu, 29 Jul 2004

JP/Evictees told it's time to vacate Komnas premises

Evictees told it's time to vacate Komnas premisesEvi Mariani, Jakarta After living behind the office of the National Commission on Human Rights (Komnas HAM) on Jl.

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Thu, 29 Jul 2004

JP/Three fawns born at National Monument Park

Three fawns born at National Monument Park Three fawns were born on Monday at the National Monument (Monas) Park, bringing the total number of deers at the park to 42."The fawns were born three days ago.

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Thu, 29 Jul 2004

JP/The World Bank Clarifies

The World Bank Clarifies In the July 22 edition of The Jakarta Post, your correspondents write I "dismissed" a demand for debt relief saying "that under no circumstances did Indonesia deserve such debt relief". Under no circumstances, would I make such a statement.

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Thu, 29 Jul 2004

JP/Funds sought to bring workers home

Funds sought to bring workers homeRidwan Max Sijabat,Jakarta While it seeks the funds to repatriate an estimated 600,000 illegal workers from Malaysia, the government has asked Kuala Lumpur to delay the deportation of the Indonesians until after the presidential election runoff in September.

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Thu, 29 Jul 2004

JP/Correction

CorrectionCorrection: "Registered voters" in the ninth column of Wednesday's table on the final results of the presidential election should have read "Actual voters." Below is the correct version.

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Thu, 29 Jul 2004

JP/Where to go in Bali for Thursday, July 29, 2004

Where to go in Bali for Thursday, July 29, 2004.TB.30" 1.0" Exhibitions* Pusaka Budaya Nusantara II-- Royal Heritage Exhibition Ksirnawa building first floor, Taman Budaya (Art Center), Jl. Nusa Indah, Denpasar, until Aug. 7. * Drawing Installation by made wianta, Gaya Fusion of Senses, Jl.

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Thu, 29 Jul 2004

JP/Ads boss charged with corruption

Ads boss charged with corruption JAKARTA: Prosecutors have charged the director of an advertising company with corruption over a work agreement with state-owned timber company PT Perhutani, which caused the state to lose some Rp 1.97 billion (US$218,888).

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Thu, 29 Jul 2004

JP/PT Coca-Cola clarifies

PT Coca-Cola clarifies Following the article in The Jakarta Post titled Hospital, firms accused of polluting rivers publish on July 26, we learned that PT Coca-Cola was mentioned as one of the 12 companies allegedly responsible for the Kalimalang River pollution in Bekasi.

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Thu, 29 Jul 2004

JP/Rp 142m raised for poor schoolchildren

Rp 142m raised for poor schoolchildren JAKARTA: Over 1,000 people who took part in a recent global charity event managed to raise Rp 142 million (US$15,106) to help poor schoolchildren in Indonesia, organizers announced on Wednesday.

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Thu, 29 Jul 2004

JP/Firms face problems in availing of textile quotas

Firms face problems in availing of textile quotasZakki P. Hakim, Jakarta The Indonesian Garment Producers Association (APGI) urged textile and garment makers who have not utilized their export quotas for the U.S. market to let other firms utilize them in a bid to push exports.

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Thu, 29 Jul 2004

JP/Lion plans to sell stake to public

Lion plans to sell stake to publicTony Hotland, Jakarta Domestic budget airline PT Lion Mentari Airline plans to offer its shares to the public through an initial public offering (IPO) some time next year as part of its expansion plans.

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Thu, 29 Jul 2004

JP/Nissan Serena back in town with more features

Nissan Serena back in town with more featuresNovan Iman Santosa JakartaAutomobile enthusiasts surely remember a smart multipurpose van (MPV) during the late 1990s that looked like it was one step ahead of everything else on the market, without much competition to face.

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Thu, 29 Jul 2004

JP/JAKARTA: In observance of the country's 59th Independence Day

JAKARTA: In observance of the country's 59th Independence Day on Aug. 17, the National Brotherhood Foundation is to organize a national symposium on reform and Indonesia's future.Chairman of the symposium's organizing committee Marzuki Darusman said here on Tuesday the national meeting on Aug.

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Thu, 29 Jul 2004

JP/Rethinking tuition fees

Rethinking tuition fees During the recent new school year, we read two interesting but converse reports. The first was news about an outstanding achievement of five Indonesian students at the International Physics Olympiad in South Korea.

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Thu, 29 Jul 2004

JP/Uncertainty hits campaign law

Uncertainty hits campaign lawKurniawan Hari, Jakarta Auditors are at a loss of how to classify one source of campaign funds of one of the five presidential candidates in the July 5 election, says the elections commission.

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Thu, 29 Jul 2004

JP/Drivers suffer from lack of passengers

Drivers suffer from lack of passengers JAKARTA: Public bus and public minivan drivers plying routes from Pasar Minggu have been cutting short their journeys due to a lack of passengers.

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Thu, 29 Jul 2004

JP/Buyat Bay polluted by harmful chemicals: Reports

Buyat Bay polluted by harmful chemicals: ReportsAbdul Khalik, Jakarta Three days after State Minister of the Environment Nabiel Makarim declared the level of mercury in Buyat Bay at a safe level, a group of non-governmental organizations (NGOs) submitted to National Police Headquarters on ...

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Thu, 29 Jul 2004

JP/Kalibata Mall gets bomb threat

Kalibata Mall gets bomb threat JAKARTA: A day after a minor explosion at the General Elections Commission (KPU) building, Kalibata Mall in South Jakarta received an anonymous bomb threat on Tuesday evening.At 7:30 p.m.

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Thu, 29 Jul 2004

JP/Court endorses broadcasting law

Court endorses broadcasting lawA. Junaidi, Jakarta The Constitutional Court ruled out on Wednesday a judicial review demanded by radio and television employee organizations of Law No. 32/2002 on broadcasting, saying that the law complies with the Constitution.

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Thu, 29 Jul 2004

JP/1st state Christian institute opens

1st state Christian institute opens PALANGKARAYA, Central Kalimantan: Minister of Religious Affairs Said Agil Hussein Al-Munawwar inaugurated the country's first state Christian institute here on Wednesday.

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Thu, 29 Jul 2004

JP/Life much harder now for 'bajaj' drivers

Life much harder now for 'bajaj' driversAfter transporting Jakartans for nearly 30 years, the days of bajaj (three-wheeled motorized vehicles) are numbered. The city administration will phase out the Indian-made bajaj in favor of locally made kancil (four-wheeled motorized vehicles).

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Thu, 29 Jul 2004

JP/TV Program: Thursday, July 29, 2004

TV Program: Thursday, July 29, 2004 .TB.30" .90"TVRI 6:00 a.m. News: Berita Pagi7:00 Children Show Pentas Ceria7:30 Music10:00 Talk Show: Wirausaha11:00 Singing Contest: Konteswara12:00 p.m.

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Thu, 29 Jul 2004

JP/Sept. runoff a second test for RI

Sept. runoff a second test for RIThe Straits Times Asia News Network Singapore Indonesians now know the incumbent, Megawati Soekarnoputri, and retired general Susilo Bambang Yudhoyono will go into a second-round ballot in September to decide who shall be their first directly elected president.

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Thu, 29 Jul 2004

JP/Around Rp 144.2b in assets lost to fire every year

Around Rp 144.2b in assets lost to fire every yearBambang Nurbianto, Jakarta The increasing incidence of fires in the last three years has caused victims to suffer an average of Rp 144.2 billion (US$16 million) in material losses.

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Thu, 29 Jul 2004

JP/U.S. Dollar Rates July 28

U.S. Dollar Rates July 28 Latest %Chg Yen 111.47-51 +0.51 Euro* 1.2027-32 -0.27 Sterling* 1.8179-83 -0.24 Swiss franc 1.2764-68 +0.10 Canadian dollar 1.3362-72 +0.

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Thu, 29 Jul 2004

JP/Councillors to face defamation trial

Councillors to face defamation trialBENGKULU: Police investigators are compiling case files on two local councillors who have been accused of defaming Bengkulu Mayor Chalik Effendi.Bengkulu chief of detectives First. Insp.

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Thu, 29 Jul 2004

JP/RI names envoy to East Timor

RI names envoy to East TimorFabiola Desy Unidjaja, Jakarta President Megawati Soekarnoputri is set to install a senior State Intelligence Agency (BIN) official on Thursday as the first Indonesian ambassador to East Timor.Deputy BIN chief for intelligence analysis Ahmed D.

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Thu, 29 Jul 2004

JP/Owners perish in Semarang store fire

Owners perish in Semarang store fireSuherdjoko, Semarang A textile shop caught fire early on Wednesday in Semarang, Central Java, leaving the elderly shop owner Theng Han and his wife Karlina dead.At least 14 workers at the shop on Jl.

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Thu, 29 Jul 2004

JP/Appointment of Konsuil questioned

Appointment of Konsuil questionedLeony Aurora , Jakarta Consumer organizations are questioning the responsibilities and the appointment of a national committee that will inspect the installation of low-voltage electricity facilities, starting next month.

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Thu, 29 Jul 2004

JP/Injecting drug users mostly educated, says survey

Injecting drug users mostly educated, says survey Dewi Santoso JakartaMore than 70 percent of injecting drug users (IDU) are young adults, aged between 15 years and 29 years old, a survey says.

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Thu, 29 Jul 2004

JP/Pregnancy tests urged for migrants

Pregnancy tests urged for migrantsMulta Fidrus, Tangerang Indonesian migrant worker activist Normawati has proposed to the government and migrant workers recruitment agencies to make it mandatory for workers to use contraceptives and to take a urine test in an effort to minimize the number of ...

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Thu, 29 Jul 2004

JP/Where to go in Bali for Thursday, July 29, 2004

Where to go in Bali for Thursday, July 29, 2004.TB.30" 1.0" Exhibitions* Drawing Installation by made wianta, Gaya Fusion of Senses, Jl. Raya Sayan, Ubud (Tel. 0361 979253), until Aug. 15. * Painting Kata-kata by I Wayan Sila, at Maya Ubud Resort and Spa, until Aug. 20.

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Thu, 29 Jul 2004

JP/10 fishermen reported missing off Central Java

10 fishermen reported missing off Central JavaNana Rukmana, Brebes At least 10 fishermen were reported missing on Wednesday by their families from Sawojajar village, Wanasrai district, Brebes regency, Central Java, after they went to sea two months ago but failed to return home.

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Thu, 29 Jul 2004

JP/State coming back with vengeance, the media warned

State coming back with vengeance, the media warnedEndy M. Bayuni, Jakarta Anyone who thinks that the press in Indonesia is enjoying unlimited freedom, without state control, could not be more mistaken.

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Thu, 29 Jul 2004

JP/Papua split unlawful, say experts

Papua split unlawful, say expertsRidwan Max Sijabat and A. Junaidi, Jakarta Experts told the Constitutional Court on Wednesday that Law No. 45/1999 on the formation of West Irian Jaya and Central Irian Jaya provinces was no longer valid following the enactment of Law No.

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Thu, 29 Jul 2004

JP/Ancient pachyderm unearthed

Ancient pachyderm unearthedIndra Harsaputra, Nganjuk Fossilized bones that researchers say belonged to an ancient elephant (Stegodon trigonocephalus) have been discovered in Nganjuk regency, East Java.

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Thu, 29 Jul 2004

JP/Injecting drug users mostly educated, survey reveals

Injecting drug users mostly educated, survey revealsDewi Santoso, Jakarta More than 70 percent of injecting drug users (IDU) are young adults, aged between 15 years and 29 years old, a survey says.

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